Forex.com vs oanda reddit.

1. ariiza. MT4 is the gold standard for forex trading, however it is extremely outdated. MT5 is much improved, with over 20x execution speed, however it is not backwards compatible with mt4, and not all brokers support it since they have to pay for a whole new set up to get MT5 even if they had mt4 previously.In the past I've had zero issues making withdrawals with my debit card but in the last week I can see the funds immediately withdrawn from my oanda account but credited back a few days later. Oanda said its an issue with my debit card but I called my bank and they said there's no restrictions or holds on the card.Oanda offers the following two pricing models: A. Wider spreads with no commission B. Narrower spreads with commission I couldn't figure out which of these account types works out best over time.Among the forex brokers from the tradingview, fxcm provides the tightest spread + they offer free pro trial for a year. I could say from my perspective that fxcm is way ahead compared to oanda. BUT, as i researched for a few hours, i discovered that fxcm was banned from the US due to executing trades against the client.I have traded with both and my answer will vary depending on how you trade. Oanda's stated costs are cheaper overall but the spreads can go crazy wide during news or at times, it seems, for no reason at all. I have traded with them off and on for years and every time I go with them I get reminded quickly why I left.

Reddit has joined a long list of companies that are experimenting with NFTs. Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate. The company said that ...Real-time spreads for 28 most active Forex pairs recorded from TOS live trading account. I am currently using Coinexx and Oanda. I have noticed that on an average Coinexx spreads on EURUSD ranges between 0.0pips -0.2 pips, USDJPY 0.2 – 0.3 pips and GBPJPY 0.3 - 0.5 pips and on an average Oanda spreads on EURUSD ranges between 1.0pips -1.5 ...

Based on our research on the regulatory status of over 60 brokers, we've found that IG holds 8 global Tier-1 licenses, while FOREX.com holds 7. IG holds 2 global Tier-2 licenses, while FOREX.com holds 1. After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've ...If you are using OANDA's fxTrade, follow these instructions: Select 'Tools', next 'User Preferences' and then 'Rates'. Open the dropdown list at the top left, and select 'Precious Metals'. Click or tap on 'Add All', next choose 'Apply' and then 'Save' to add all precious metal pairs to your quoting panel.

If you are using OANDA's fxTrade, follow these instructions: Select 'Tools', next 'User Preferences' and then 'Rates'. Open the dropdown list at the top left, and select 'Precious Metals'. Click or tap on 'Add All', next choose 'Apply' and then 'Save' to add all precious metal pairs to your quoting panel.Up to 500:1 leverage for Canadians on Forex, Metals, Crypto, Index, and Share CFDs. Platforms: MetaTrader 4 Desktop, MetaTrader 5 Desktop, WebTrader, and MT4 / MT5t Mobile (iPhone/Android) Much lower average spreads (0.0-0.2 average EUR/USD on Prime Account) compared to Canadian "onshore" brokers.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. Depends on when you buy/sell. For example buying eurusd pair at 5pm eastern time my spreads are like 5 bps but when the London/US markets are open 2-8am eastern the spread is under 2 bps. I still prefer spread over commission. The spreads vary based on how busy the market is and the time of day.MT4 VPS Hosting. Expert Advisor Hosting is ideal for clients who wish to run their EAs around the clock during trading hours, without managing them on their own computers. If you qualify, you could take advantage of our customizable trading systems, all hosted on a secure professional server at no additional cost.

you should be able to link this to your trading view account through the settings and then trade using the trading view platform. Yeah but I think the problem is that accounts under the Global Market division of Oanda can’t do that. We’re limited to trading with MT4 and 5.

Our research revealed that OANDA claims a median execution speed of 12 ms, utilising their low-latency proprietary trading engine, “V20”. IG, on the other hand, has a published execution speed of 15 ms with a 97.93% fill rate, executing 100% of trades in under a second.

NormanConquest • 10 yr. ago. The main draw for Oanda is that they offer no minimum trade sizes. So you can start an account with $50 and literally trade $1 at a time. Or you can do like 1/5th of a microlot and only risk $0.50 on a trade. Their spreads are also quite good. Otherwise their trading platform is horrible.There’s more to life than what meets the eye. Nobody knows exactly what happens after you die, but there are a lot of theories. On Reddit, people shared supposed past-life memories that made them believe reincarnation could be possible. Do ...you always have the option to demo trade through TV and MT4 and see for yourself. you can also play around with oanda's desktop and web platform as well. CatsDigForex • 3 yr. ago. I'm with Oanda and use Tradingview for my analysis. In UK, so I can't place trades through TV - I just get all my order prices and execute on Oanda platform. Forex.com vs oanda : r/Forex r/Forex • 3 hr. ago by Bee7us Forex.com vs oanda I just started trading and got a FOREX.com account, but TradingView doesn’t show any …TD Ameritrade has much better software (TD Ameritrade) but they are not built for Forex so the funding and trading is set up for Stocks/Options first, Futures second and waaaay down the road, Forex. Oanda is built for Forex but is not as polished or as powerful. Sensitive-Subject269 • 1 yr. ago.

Coinexx has tight spreads and low commission rates. The FXTB platform is great with really good customer service. They provide appropriate leverage ratio and also give a negative balance reset. Coinexx signup page is 404. Trading view is my favorite platform. But in the US you have Forex.com, IG, and Oanda.I use Oanda because they are, as far as I can tell, the only viable option left for trading forex in the US with a regulated broker. Interactive Brokers left the retail business, FXCM got banned and TDAmeritrade was the only other broker, but thinkorswim has a massive memory leak in it making it unusable on my computer.I like OANDA, though I’m only still “practice” trading. For a while I used Forex.com - but I prefer using Tradingview (I hate MT4 sorry not sorry), and Forex.com wouldn’t supply volume information to TV. Oanda does. Also, Forex.com seems to have more restrictive limits than OANDA does.A good forex broker should be regulated, offer a reliable trading platform, competitive spreads and commissions, and excellent customer support. Based on user reviews and ratings on Reddit, Oanda is the best forex broker for traders looking for a trustworthy and reliable broker. However, it’s important to conduct your research and evaluate ...The analysis comes down to this: For Core + Commission, on a 10k lot, you will pay 50 cent commission per side, plus the Spread. Therefore, if the spread is more then .5 pips tighter under the commission plan, it saves money over the Spread plan. Looking at Oanda Spread stats, the spread never gets below 1 pip for EUR/USD.Contributor, Benzinga. June 16, 2023. Review IG vs. OANDA to make the best decision for your trading strategy! Two very popular brokerage firms are IG Markets and OANDA. Both these brokerages have ...

Oanda is the better out of the two brokers. It provides nice trade execution at standard trading costs but if you want a broker who has low spreads, charges standard …Oanda's platform is java based or something and a waste of time. However both brokers let you use MT4 also, and you'll probably want to jump around to lots of different brokers if you get serious and so it's a good idea to learn metatrader4 early since pretty much everyone offers it. There's no other difference in their demo accounts.

Interactive Brokers - Great overall, best for professionals. FOREX.com - Excellent all-round offering. City Index - Excellent all-round offering. FXCM - Excellent trading platforms and tools. Capital.com - Great for beginners, easy to use. Pepperstone - Great for MetaTrader and copy trading. 5.0 Overall.And they offer an app if you don't like either. They have a couple of trader options; one for beginner, another for professional with lower spreads. I wish I could trade more things like metals and crypto, but it is called "Forex.com". I left them and went with OANDA. smaller spreads. both customer service sux tho.May 2022. Oanda ranks better in most key areas than FXCM apart from education (but FXCM's advantage is rather slight here). Oanda's proprietary trading platform, fairer fees, and top-notch research tools are very stong arguments in its favor. When it comes to account opening and product selection, the two brokers have the same quality of service. I have both oanda and forex.com ( account was transferred when FXCM stopped operating in the u.s). Oanda has way better spreads and their MetaTrader servers have 4pm daily close. Also I easier to transfer money around and use their api. sgtmashedpotato • 6 yr. ago. Forex and CFD traders will find plenty to like at OANDA, including strong market research and support for a range of third-party plug-ins and platforms (like MetaTrader 4 and the wildly popular TradingView). The OANDA Trade platform is available for web, desktop, and mobile.Oanda's platform is java based or something and a waste of time. However both brokers let you use MT4 also, and you'll probably want to jump around to lots of different brokers if you get serious and so it's a good idea to learn metatrader4 early since pretty much everyone offers it. There's no other difference in their demo accounts.Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders.

The analysis comes down to this: For Core + Commission, on a 10k lot, you will pay 50 cent commission per side, plus the Spread. Therefore, if the spread is more then .5 pips tighter under the commission plan, it saves money over the Spread plan. Looking at Oanda Spread stats, the spread never gets below 1 pip for EUR/USD.

Oanda is regulated, even in the US. They are also one of the biggest brokers (top 5) dealing several billions of USD in daily transactions. If they were found to be participating in anything questionable, they'd be utterly destroyed by the US regulatory bodies.

In the past I've had zero issues making withdrawals with my debit card but in the last week I can see the funds immediately withdrawn from my oanda account but credited back a few days later. Oanda said its an issue with my debit card but I called my bank and they said there's no restrictions or holds on the card.TD Ameritrade provides traders 73 currency pairs (e.g., EUR/USD) compared to OANDA's 71 available pairs. If you are interested in trading CFDs, OANDA offers traders access to 1744 CFDs, while TD Ameritrade offers access to 0 CFDs; so OANDA offers 1744 more CFDs than TD Ameritrade.It entirely depends upon your trading strategy and preferences. Oanda provides good execution and doesn't require any minimum deposit for personal accounts while FXCM lays down a minimum deposit requirement of $50. All withdrawals are also processed by Oanda within 1 day while FXCM takes 3-4 working days. Both are solid.Forex.com vs Oanda Forex.com is a global FX and CFD broker established in 2001. The company is regulated by several financial authorities, including the top-tier Financial Conduct Authority (FCA) in the UK and the US Commodity Futures Trading Commission (CFTC). Forex.com is recommended for forex traders looking for low fees and great …You could stick with MT5 and peruse their documentation website, there's a link to it in the top menu of the desktop app under "help", but it'll be a lot of time spent on a platform most brokers have repeatedly rejected. 2. • 4 yr. ago. Also you don't have to calculate how much you are risking in each order.In the past I've had zero issues making withdrawals with my debit card but in the last week I can see the funds immediately withdrawn from my oanda account but credited back a few days later. Oanda said its an issue with my debit card but I called my bank and they said there's no restrictions or holds on the card.Oanda is a US forex broker. We tested their services and put down the experience and their performance scorecard based on our proprietary analysis database in the full Oanda review for 202 2. It is a powerful and objective analysis based on 500 data points. Check it out, it will help you crunch the numbers.3, 100:1 leverage. 50:1 is not too bad but 100:1 gives me more flexibility. 4, Prefer to NDD (ECN or STP), but DD and MM is acceptable if money safety is guaranteed. 5, Regulates with NFA or FCA. 6, Support depositing using credit card. This is cheapest way for me, at least cheaper than wire transfer.Oanda is a US forex broker. We tested their services and put down the experience and their performance scorecard based on our proprietary analysis database in the full Oanda review for 202 2. It is a powerful and objective analysis based on 500 data points. Check it out, it will help you crunch the numbers.If you are using OANDA's fxTrade, follow these instructions: Select 'Tools', next 'User Preferences' and then 'Rates'. Open the dropdown list at the top left, and select 'Precious Metals'. Click or tap on 'Add All', next choose 'Apply' and then 'Save' to add all precious metal pairs to your quoting panel.Oanda is the better out of the two brokers. It provides nice trade execution at standard trading costs but if you want a broker who has low spreads, charges standard …

A Forex broker who’s smart about trading can help those who want to get involved. These professionals in the trading world value both their customers and their own reputations. Since an honest broker will share knowledge and expertise, we’v...u/5galbucket with FOREX.com you can open a live account with as little as $50. The key whether you have $1000, $50 or $100,000 is to make sure you are adequately funded for the trades you intend to place. A rule of thumb is to risk no more than 2% of your balance on any trade. With $1000 in your account, 2% would be $20 you could risk per trade.When it comes to asset selection, IG Markets remains among the best brokers globally. Forex traders get 102 currency pairs, three of which belong to a new class of weekend pairs, and the overall CFD selection exceeds 17,000. IG Markets also writes CFDs if client demand exists. Oanda has 61 currency pairs and 9 non-index futures, 22 commodities ...I'd recommend FX futures, but also depending on what your starting capital is as well and your understanding of the spot and futures market. With Spot forex, you are trading two different currencies (1 pair) at the same time, while FX futures, you are only trading 1 particular currency which makes things a bit easier. 1.Instagram:https://instagram. best tech stocks to buy right nowvestas wind systems stocksplunk inc stockgood solar energy stocks And they offer an app if you don't like either. They have a couple of trader options; one for beginner, another for professional with lower spreads. I wish I could trade more things like metals and crypto, but it is called "Forex.com". I left them and went with OANDA. smaller spreads. both customer service sux tho.OANDA and FOREX.com are well-known and respected forex brokers. Using their platforms, traders can buy and sell forex pairs, use trading tools and build a portfolio through a simple interface. A forex broker offers users access to buy and sell currency pairs based on the foreign exchange price, making money from the commission … big lots inc stockvirgin orbit ticker Oanda is super simple and arguably has the best mobile trading platform. You won't learn as much on the mobile platform because the charting is understandably limited, but a good mobile is helpful when learning market timing and developing habits. Their desktop platform is good also, but make sure you use advanced charting. will heating oil prices go down arber321 • 4 days ago. Neither, I have used oanda and forex.com and they both steal all your money, they charge me daily 50 dollars for holding usd/jpy, 200 dollars for holding usd/try. 1. JoaDeLafayette • 4 days ago. Wow is that because you are trading with large size?Saxo Bank Review. Written by Steven Hatzakis. Edited by John Bringans. Fact-checked by Blain Reinkensmeyer. November 14, 2023. CFDs are complex instruments and come with a high risk of losing money rapidly …